US oil companies try to assure Congress not to tighten sanctions against Russia

The US Congress actively discuss the bill, which provides tighten sanctions against Russia, if it turns out Russia interfered in the US Presidential elections in 2016

11:20, 21 July 2018

Open source

Representatives of oil and gas industry of the US are trying to assure the members of the Congress not to exacerbate the sanctions against Russia. Reuters agency reports this with reference to their sources in the Senate. Yet the sources of the agency refused to name the companies who are against the sanctions.

There is an intensive discussion of the bill which provides the exacerbation of Anti-Russian sanctions in case it turns out that Russia interfered in the US Presidential elections in 2016. One of the sources reported that the American-Russian Chamber of Commerce and Industry expresses concerns about the bill.

Representatives of the Chamber describe it as a non-commercial organization with headquarters in Houston, which facilitates the trade between Russia and the United States. Its members are Shell, Exxon Mobil, and Chevron.

Earlier, American concerns have been claiming that they are to abandon projects in the Russian Federation due to the sanctions, and competitors from other countries take their place.

According to mass media, representatives of the Chamber and the company didn’t respond to the request of the agency to comment the information.